Cango Inc., a publicly listed Bitcoin mining firm from China, has once again bolstered its cryptocurrency reserves. In September, the company acquired an additional 101.7 BTC, raising its total holdings to 5,810 BTC. This strategic move solidifies Cango’s standing as the world’s 18th largest public company in terms of Bitcoin ownership.
JUST IN: Chinese publicly traded #Bitcoin mining company Cango $CANG increased its holdings by 101.7 BTC and now holds a total of 5,810 BTC.
🔹Bitcoin 100 Ranking: 18🪘🔹 pic.twitter.com/U4GfzyX4Kx
— BitcoinTreasuries.NET (@BTCtreasuries) October 3, 2025
Growth in Cango’s Bitcoin Holdings
Recent statistics reveal that Cango mined a total of 616.6 BTC during September of this year. Although this figure is slightly below August’s output of 663.7 BTC, the firm still achieved notable growth in its overall reserves. The daily average production was approximately at around $20.55Â BTC. With current market prices hovering near $120,000 per Bitcoin,, these assets are valued at nearly $700Â million.
Enhancements in Operational Efficiency and Hashrate
Apart from increasing their treasury&44; Cango has also reported advancements in mining efficiency&46; Their operational hashrate surged to 44.85 exahashes per second (EH/s). This increase signals enhanced competitiveness within the mining sector&44, indicating that they are investing more computational power into securing the network.
Diversification Beyond Traditional Mining Activities
Cango remains primarily focused on Bitcoin but is exploring diversification strategies&period The management team plans to venture into high-performance computing (HPC)&comma reflecting an industry-wide trend where miners expand into artificial intelligence (AI) and data processing fields&period This approach aims to create new revenue streams while utilizing existing infrastructure designed for crypto operations&46;
Cango’s Role Within the Global Cryptocurrency Ecosystem
Holding &53&,810 BTC positions Cango as one of the top corporate holders globally&comma alongside other prominent firms like Marathon Digital&comma Hut &8&, and Riot Platforms&period Despite regulatory hurdles&comma Chinese companies like Cango continue playing vital roles within international cryptocurrency landscapes&46;
<